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The Latest Breaking News from United States

Ali Khamenei’s six-day funeral expected to draw millions in Iran

Country’s leadership vows to never surrender as memorial on grand scale aims to relay message of resistance to world

The Guardian - UK

Rupee clings to modest gains hemmed in by softer dollar, corporate hedging

The Indian rupee saw a slight gain on Friday, though it's set for a weekly dip. Despite a weaker dollar and positive Asian currency movements, corporate demand and hedging activities are capping the rupee's rise. Analysts suggest the Federal Reserve's reduced urgency for rate hikes offers some comfort. Meanwhile, foreign…

The Economic Times

Tibetan Protester Dies After Setting Himself On Fire Outside UN As 'China Out Of Tibet' Sign Found At Scene

A 52-year-old Tibetan man died after setting himself on fire outside UN headquarters in New York, where police found a 'China Out of Tibet' sign at the scene.

International Business Times UK

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US warned Iran of alleged Israeli plot to kill negotiators; Araghchi, Ghalibaf among targets

US officials privately alerted Iran that Israel might target top negotiators, including Foreign Minister Araghchi and Speaker Ghalibaf, during peace talks. Washington feared such assassinations would derail diplomacy and reignite conflict, urging Israel against targeting Iran's political leadership. These warnings highlight growing US-Israel differences on Iran policy, with the US…

The Times of India

‘Ridiculous’ for US to maintain current Nato support, Trump warns ahead of alliance summit

President says Washington’s relationship with Nato is ‘not reciprocal’ and ‘they were not there for us’ in Iran war

The Guardian - AU

Engineers create 3D-printed robotic fish that swim, play and recharge themselves through automated charging systems. Here's all you need to know

Engineers have developed robotic fish that mimic real aquatic life, offering an aquarium experience without the upkeep. These miniature submarines, powered by Arduino and guided by an overhead camera and Raspberry Pi, autonomously navigate, interact, and even return to a wireless charging station. This innovation promises a maintenance-free aquatic display,…

The Economic Times

Belgium opens up Congo archives amid global minerals race

From century-old maps to meticulous field notes, Belgium is sitting on a trove of geological records on colonial-era Congo – a coveted archive it is working to open up amid a global scramble for critical minerals.

Radio France Internationale

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Data protection rules slow LLM rollout in Europe, study says

A new GovAI study reveals that EU data protection rules are stalling AI adoption, leaving 11% of advanced LLM releases delayed or blocked in Europe compared to the US.

Euronews

Trump’s man in NZ wants to prove US is no boogeyman

"We could stage a basketball game on the flight deck" - the new US ambassador to NZ wants to see a nuclear-powered US aircraft carrier make a visit to Auckland.

Newsroom.co.nz

Holiday Halt: NYSE, Nasdaq to remain closed today for Independence Day holiday

US financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the holiday fell on a Saturday. Trading in both equities and bonds resumed on Monday, July 6. This break allowed investors to digest recent employment data and Federal Reserve interest rate expectations.

The Economic Times

Gold price at Rs 1.47 lakh/10g; silver gains Rs 5,000/kg as US jobs data cools inflation worries. What are experts saying?

Gold and silver prices opened sharply higher on MCX on Friday after weaker-than-expected U.S. labour market data reduced expectations of further Federal Reserve rate hikes. MCX silver futures rose 2% to Rs 2,38,216 per kg, while gold futures gained Rs 2,219 to Rs 1,47,977 per 10 grams.

The Economic Times

AI bubble or boom? Why Warren Buffett called Big Short fame Michael Burry ‘Cassandra’

Legendary investor Warren Buffett once dubbed Michael Burry, famous for predicting the 2008 housing crisis, as 'Cassandra' for his accurate but initially ignored warnings. Now, Burry is sounding the alarm on a potential AI bubble, citing massive tech spending and rising debt. He sees parallels to the Dotcom crash, suggesting…

The Economic Times

Trump Accounts launch July 4, giving newborns $1,000. Here's what to know

President Trump's administration is launching "Trump Accounts" to promote financial independence for American children, coinciding with the nation's 250th anniversary. The program offers a $1,000 government bonus for eligible newborns, with private investments managing the funds until the child turns 18. Billionaires and companies are also contributing, aiming to boost…

The Economic Times

Iran-US war latest: Tehran begins public mourning for Ayatollah Khamenei and claims funeral will draw 20 million

Iran has warned the US and Israel that any attacks during the former supreme leader’s funeral would be met with a ‘harsh retaliation’

The Independent UK

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The Times of India

How South Koreans donated 227 tonnes of gold to rescue their economy after the 1997 IMF bailout

When South Korea was plunged into one of the worst financial crises in its modern history, the government turned to the International Monetary Fund (IMF) for what was then the largest bailout package ever approved. Yet one of the country's most remarkable responses did not come from financial markets or…

The Economic Times

Indians remain largest source of air tourists to Nepal in June

Indians continue to lead foreign tourist arrivals in Nepal, with a significant 28% surge in June. This trend, driven by factors like high Indian temperatures, school holidays, and India's push for regional travel, also sees a rise in road arrivals for pilgrimage and adventure. Nepal's tourism board attributes this growth…

The Economic Times

US Stock market: Fed's Daly says AI, inflation uncertainty clouds interest rate outlook

San Francisco Fed President Mary Daly highlighted that US monetary policy remains slightly restrictive, but the economic outlook is increasingly uncertain. The surge in AI-driven investment and a strong job market are creating complex dynamics. While inflation could persist, slowing growth is also a possibility. Daly stressed the need for…

The Independent UK

Asian shares rally after Dow hits a record, as some AI shares bounce back

Shares have rallied in Asia after the Dow Jones Industrial Average set another record, as some key AI related stocks rose while others extended losses

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The Economic Times

US Stock Market: Healthcare, momentum bets power hedge funds to strong H1 returns

Equity-focused hedge funds delivered impressive double-digit returns in the first half of the year, outperforming by navigating complex markets and seizing sector-specific chances. While June saw some headwinds from volatile trading, particularly in South Korean stocks, the overall performance highlights skillful stock selection and strategic positioning. Systematic funds also posted…

The Economic Times

US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentiment

A recent U.S. jobs report, showing slower-than-expected growth and downward revisions, has eased investor fears of persistent inflation and a hawkish Federal Reserve. This cooling labor market data offers relief to equity markets, especially tech stocks, as it reduces expectations for an imminent interest rate hike. Investors now anticipate a…

The Guardian - UK

Silo review – this handsomely produced sci-fi drama grapples with the big questions

Rebecca Ferguson is still excellent in this unremittingly grey-green subterranean post-apocalypse. Its political acuity makes it worth watching, even if it’s not always the most entertaining …

The National (Scotland)

SNP call for investigation into fears 'Scottish Labour compromised by Russian spies'

SCOTTISH Labour must launch an immediate probe into whether they have “been compromised by Russian intelligence services”, the SNP have said ...

The Economic Times

Sensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains

Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.3% each. This rally was fueled by easing Middle East tensions, reduced expectations of US Federal Reserve rate hikes, and a stronger rupee. IT stocks led the gains, while broader markets lagged. Positive global cues and tapering FII…

The Independent UK

Ukraine-Russia war latest: Moscow claims capture of key Ukrainian city as Putin vows more strikes

Kyiv denies Kostiantynivka has fallen

Euronews

Trump says 'ridiculous' for US to maintain current support for NATO

US President Donald Trump said it is "ridiculous" for the United States to continue its "one-sided" relationship with NATO.

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